Business
Finance Minister Calls for Diversification of Revenue Sources to Tackle Oil Dependency
On Monday, Nigeria’s Finance and Coordinating Minister of the Economy, Mr. Wale Edun, stressed the urgent need to rethink the...
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CBN Governor Calls for Stronger Ties with Middle East, Highlights Economic Reforms and Youth Empowerment
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has emphasized the need for stronger economic relations with...
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Rebased Consumer Price Index (CPI) Drops to 24.48% in January, Signaling Decline in Inflation Rates
In January 2025, the National Bureau of Statistics (NBS) reported a significant decrease in the Consumer Price Index (CPI), which...
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Nigerian Banks Progressing Well to Meet New Capital Requirements: Fitch Ratings Update
Nigerian banks are making significant strides in raising core capital to meet the new capital requirements set by the Central...
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MAN Decries Unsuccessful Power Sector Privatization, Calls for Review of Electricity Tariffs
Nearly 12 years after the privatization of Nigeria's power sector, the Manufacturers Association of Nigeria (MAN) has expressed dissatisfaction with...
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Nigeria’s Oil and Gas Sector Achieves Major Milestone with 96% Reduction in Gas Flaring
In a significant environmental achievement, the joint venture between the Nigerian National Petroleum Company Limited (NNPC) and First Exploration &...
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Dangote Refinery Slashes Petrol Price to N890 per Litre, Boosting Economic Relief for Nigerians
In a significant move aimed at easing economic pressures, the Dangote Petroleum Refinery has announced a reduction in the ex-depot...
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NNPC, Marketers Spend Over N5.5 Trillion on Fuel Imports Amid Dangote Refinery Dispute
The Nigerian National Petroleum Corporation (NNPC) Limited and select oil marketers have spent over N5.5 trillion on the importation of...
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Tinubu’s Tax Reforms Aim to Curb Inflation, Reduce Household Costs, Says Presidential Committee Chairman
The proposed tax reform bills by President Bola Tinubu’s administration are designed to curb inflation and lower costs for most...
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How Governors, Presidential Tax Reform Committee Reached Agreement on VAT Sharing
After weeks of intense debate, the 36 state governors and the Presidential Tax Reform Committee have reached an agreement on...
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- Gov Okpebholo Swears-in 19 New Commissioners, Board Members, Others
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